Globalization And India S Economic Integration

Author : Baldev Raj Nayar
Publisher : Georgetown University Press
Page : 316 pages
File Size : 52,9 Mb
Release : 2014-10-14
Category : Political Science
ISBN : 9781626161078

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Globalization and India's Economic Integration by Baldev Raj Nayar Pdf

A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India’s political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. While globalization has its benefits, such as higher economic growth, and costs, such as external shocks, Nayar’s findings show that India has benefited from globalization more than it has been victimized by it. Globalization and India’s Economic Integration shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar’s groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.

Author : Baldev Raj Nayar
Publisher : Georgetown University Press
Page : 316 pages
File Size : 49,8 Mb
Release : 2014-11-12
Category : Political Science
ISBN : 9781626161085

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Globalization and India's Economic Integration by Baldev Raj Nayar Pdf

A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India’s political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. While globalization has its benefits, such as higher economic growth, and costs, such as external shocks, Nayar’s findings show that India has benefited from globalization more than it has been victimized by it. Globalization and India’s Economic Integration shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar’s groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.

Author : T. N. Srinivasan,Suresh D Tendulkar
Publisher : Columbia University Press
Page : 192 pages
File Size : 46,7 Mb
Release : 2003-05-01
Category : Business & Economics
ISBN : 9780881324440

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Reintegrating India with the World Economy by T. N. Srinivasan,Suresh D Tendulkar Pdf

After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

Author : Byasdeb Dasgupta
Publisher : Unknown
Page : 256 pages
File Size : 50,6 Mb
Release : 2013
Category : Business enterprises
ISBN : OCLC:1103550119

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External Dimension of an Emerging Economy, India by Byasdeb Dasgupta Pdf

This book offers an analysis of external dimensions of an emerging economy, India, in the backdrop of neoliberal globalisation. External dimensions of Indian economy signify her inter-relation with the rest of the world in terms of trade and financial flows and how that affects the development process within the country in the age of neoliberal globalisation. It is based on non-mainstream unorthodox approach in Economics and as such is a critique of the mainstream neoclassical position on current neoliberal globalisation. The contents of the book can be classified into as follows - (1) India's external dimension in the colonial period through the trade route ; (2) concerns with India's balance of payments transactions in terms of illegal flows, (3) political economy of development planning in the present era of globalisation, (4) capital flows as it affect the India's external front, (5) Indian industries under the TRIPs regime, (6) regional economic integration of India and (7) foreign capital flows in India during the liberalisation period. The entire book is an attempt to decipher the meaning and significance the process of globalisation produces for the real economy of India. The uniqueness of the book is that in one place one can find different unorthodox positions dealing with the external dimensions of emerging India, which cannot be found in any other book.

Author : Biplab Dasgupta
Publisher : SAGE
Page : 288 pages
File Size : 54,7 Mb
Release : 2005-07-21
Category : Business & Economics
ISBN : 0761933069

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Globalization by Biplab Dasgupta Pdf

This book is a cogent appraisal of India`s economic reforms by a prominent Leftist commentator. It first discusses the economic perspectives of various international and multilateral agencies as also of multinational companies. It then analyses the policies affecting and performance of various sectors of the economy agrarian, industrial, banking and monetary, state owned enterprises, fiscal, trade, environmental, and labour.

Author : T. N. Srinivasan,Suresh D. Tendulkar
Publisher : Peterson Institute for International Economics
Page : 196 pages
File Size : 46,8 Mb
Release : 2003
Category : Globalization
ISBN : UCSD:31822032963365

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Reintegrating India with the World Economy by T. N. Srinivasan,Suresh D. Tendulkar Pdf

After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T. N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

Author : Ed. K.R. Gupta
Publisher : Atlantic Publishers & Dist
Page : 392 pages
File Size : 52,6 Mb
Release : 2005
Category : Electronic
ISBN : 8126904941

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Liberalisation and Globalisation of Indian Economy by Ed. K.R. Gupta Pdf

In India, The Move Towards Globalisation And Free Trade Coincided With The Process Of Structural Reforms And Economic Liberalisation That Began In July 1991. Since Then The Country Has Seen A Significant Integration Of Markets In Commodity, Services, Finance And Technology With Other Countries. Right At The Outset Of Globalisation, Some Persons In India Like Those In Other Developing Countries Were Against This New Trend, Perceiving It As Elite-Driven And Incapable Of Bringing Qualitative Change In Peoples Lives. Fear Of Lagging Behind In The Race With The Advanced Countries, Which Would Ultimately Capture A Lion S Share In The Global Market, Had Further Led Some People To Oppose Globalisation.But The Present Scenario Is Altogether Different. India S Apprehensions About Globalisation Have Been Removed To Some Extent. Economic Liberalisation Has Paved Way For Rapid Technological Progress For India While Globalisation Has Given Its Young Talent Vast Employment Opportunities In America And Europe. Today, India Has Become A Big Market For Multinational Giants. There Is Hardly A Big-Name Company That Is Not Outsourcing To India. India Has Developed Several Hubs Of Information Technology-Enabled Services, Business Process Outsourcing, Research & Development, Pharmaceuticals And Telecommunication. On The Contrary, The Advanced Countries Like The United States Are Now Fearing Globalisation Because They Are Losing Jobs In The International Corporate World To Indian Technical Experts. Globalisation And Liberalisation Have Brought New Opportunities In Our Country In Trade, Business, Services And Employment. The Atmosphere Is Vibrant. The Younger Generation Is Educated, Talented And Ambitious. The Opening Of International Markets Has Led To Earnest Endeavours To Improve Product Quality To Secure Marketing. Internationalisation And Privatisation Of Education Has Led To Updating Of Curriculum And Bring Technical Manpower That Would Implement The Latest Technology In Manufacturing And Servicing. The Globalisation Should Be Made An Instrument Of Rapid Economic Development In A Way That Its Benefits Reach All Regions Of The Country And All Sections Of Society.The Volume Has Wide Coverage Including In Its Spectrum The Structural Changes In The Indian Economy. Contributors To This Volume Have Not Only Recognised The Reality Of Globalisation As A Process Of Change But Have Also Comprehensively Dealt With The Major Issues And Concerns For India In The Context Of Globalisation. The Papers Closely Examine Important Implications And Impact Of Liberalisation And Globalisation Measures Taken By The Government In Recent Years.It Is Hoped That The Book Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives, Parliamentarians And Legislators, Concerned With The Formulation And Execution Of Economic Policies, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

Author : Paul Collier,David Dollar
Publisher : World Bank Publications
Page : 200 pages
File Size : 50,6 Mb
Release : 2002
Category : Business & Economics
ISBN : 082135048X

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Globalization, Growth, and Poverty by Paul Collier,David Dollar Pdf

Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

Author : A. Santos-Paulino,G. Wan
Publisher : Springer
Page : 284 pages
File Size : 55,7 Mb
Release : 2010-10-13
Category : Business & Economics
ISBN : 9780230282094

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The Rise of China and India by A. Santos-Paulino,G. Wan Pdf

This volume is a timely addition to the emerging literature on the rise of China and India, focusing on how rapid economic growth and geopolitical changes in these countries are reshaping the world economy and global governance. It covers issues such as productivity, labor market, trade competition, and energy.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 47,7 Mb
Release : 2024-04-28
Category : Electronic
ISBN : 9789814471183

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South Asia by Anonim Pdf

Author : P. Mahtaney
Publisher : Springer
Page : 323 pages
File Size : 50,5 Mb
Release : 2007-11-12
Category : Business & Economics
ISBN : 9780230591547

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India, China and Globalization by P. Mahtaney Pdf

The momentum of economic progress in India and China will bring about the next major shift in geopolitics. This book analyzes the economic experience of both countries in the context of development and globalization, and offers insights that could be crucial for development thinking.

Author : Baldev Raj Nayar
Publisher : SAGE
Page : 113 pages
File Size : 43,9 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781932728422

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India's Globalization by Baldev Raj Nayar Pdf

This study systematically evaluates the economic consequences of globalization for India in the light of the attack of the critics against globalization on grounds of economic stagnation, ?deindustrialization,? ?denationalization,? destabilization, and impoverishment. On the basis of abundant qualitative and quantitative data, it strongly repudiates the case of the critics, and demonstrates that India has been a significant beneficiary of the globalization process. Instead of economic stagnation, India has seen acceleration in its average annual rate of economic growth. Instead of deindustrialization, there has been substantial industrial growth and, indeed, acceleration in the industrial growth rate.Instead of denationalization, business in India is now more competitive and is venturingforth into the global market; increased imports and the entry of foreign multinationalshave not swamped it; essentially, India is master of its own destiny. Instead of economicdestabilization, there has been since the paradigm shift in economic policy in 1991 a marked absence of economic crisis in India. And, instead of impoverishment, India hasseen a long and unprecedented period of welfare enhancement since it began its reintegration into the world economy in 1975; there has been a secular decline in povertysince then, while inequality has not increased much. The policy conclusion that flows from this experience is that India ought to be, in general, more open to globalization in the interest of sustaining the acceleration in economic growth and enhancing the welfare of its people. To this end it should push forward with the reform agenda.This is the twenty-second publication in Policy Studies, a peer-reviewed East-West Center Washington series that presents scholarly analysis of key contemporary domestic and international political, economic, and strategic issues affecting Asia in a policy relevant manner.

Author : Byasdeb Dasgupta
Publisher : Routledge
Page : 256 pages
File Size : 46,6 Mb
Release : 2013-06-19
Category : Business & Economics
ISBN : 9781135049836

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External Dimension of an Emerging Economy, India by Byasdeb Dasgupta Pdf

This book offers an analysis of external dimensions of an emerging economy, India, in the backdrop of neoliberal globalisation. External dimensions of Indian economy signify her inter-relation with the rest of the world in terms of trade and financial flows and how that affects the development process within the country in the age of neoliberal globalisation. It is based on non-mainstream unorthodox approach in Economics and as such is a critique of the mainstream neoclassical position on current neoliberal globalisation. The contents of the book can be classified into as follows – (1) India’s external dimension in the colonial period through the trade route ; (2) concerns with India’s balance of payments transactions in terms of illegal flows, (3) political economy of development planning in the present era of globalisation, (4) capital flows as it affect the India’s external front, (5) Indian industries under the TRIPs regime, (6) regional economic integration of India and (7) foreign capital flows in India during the liberalisation period. The entire book is an attempt to decipher the meaning and significance the process of globalisation produces for the real economy of India. The uniqueness of the book is that in one place one can find different unorthodox positions dealing with the external dimensions of emerging India, which cannot be found in any other book.

Author : Academy of International Business. International Conference,Raj Agrawal,Rashmi Banga,A. N. Bhattacharya
Publisher : Unknown
Page : 360 pages
File Size : 43,8 Mb
Release : 2008
Category : Economic development
ISBN : 817446669X

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Globalization and Sectoral Development by Academy of International Business. International Conference,Raj Agrawal,Rashmi Banga,A. N. Bhattacharya Pdf

About the book: Globalization of any economy means its integration with the world economy. More importantly, it refers to a process of deepening economic integration, increasing economic openness and growing economic interdependence between countries in the world. The emergence of this phenomenon may be recounted back from the beginning of the 21st century, "Globalization" - a term first used in 1985 by Theodore Levitt - has become a household name in all corners of the world. It is considered as a new avatar of the 18th century’s imperialism and colonialism and the 20th century's neo-liberal economic fundamentalism. In its global scope and sophisticated operations, it is referred to as the new face of liberal capitalism. This book contains eighteen articles written by eminent scholars. These research papers are the results of ongoing globalization and they provide futuristic insights. The scholars have tried to grasp various issues related to globalization of world economy and integration of local/national/regional economy. Globalization of agriculture, market and labour is the main area of concern for the economists. The institutional environment and survival of overseas subsidiaries; corporate governance as an enabler to world class organization; rural non-farm employment and structural transformation of the Indian economy, post-liberalization financial and technological collaborations; the rise of the Indian MNCs; foreign direct investment in the real estate sector in India, etc. have been discussed at length in this book. The papers contributed in the book discuss not only the contemporary economic scenario but the future perspectives for globalization as well. It is hoped that the book will serve as a useful tool for the luminaries, research scholars and students as well.

Author : Satya Dev Gupta
Publisher : Springer Science & Business Media
Page : 333 pages
File Size : 48,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461562030

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Globalization, Growth and Sustainability by Satya Dev Gupta Pdf

Globalization, Growth and Sustainability focuses on the implications of both regional and global trade liberalization and complementary macroeconomics policy reforms on growth, equity, and sustainability. The volume is organized into three sections: Part One addresses the issue of economic growth with a special reference to less developed economies; Part Two examines the pros and cons of the regional economic integration movement for the countries either participating in, or outside of, the regional groups; Part Three focuses on the issues of equity and sustainability. Globalization, Growth and Sustainability will provide valuable insights and important background analysis for scholars working in the field of globalization, as well as senior undergraduate and graduate students in a variety of curricula, including economics, development studies, and international studies.